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Home · Buy · Toronto E01 · 397 Danforth Avenue, Toronto, ON M4K 1P1
397 Danforth Avenue, Toronto, ON M4K 1P1
397 Danforth Avenue, Toronto, ON M4K 1P1
397 Danforth Avenue, Toronto, ON M4K 1P1
For Sale · Sale Of Business

397 Danforth Avenue, Toronto, ON M4K 1P1

Toronto E01 · North Riverdale
◷18 days on market
—
Beds
2
Baths
—
Parking
—
Sq ft
51-99 yrs
Built

About this home

Well known Resturant in the heart of Danforth. With Patio, liquor lisence and basement. 58 Seats + 12 at the patio. 5 + 5 years lease. It is a persian cuisine right now but It can be converted to any cuisine.

Property details

Listed on
August 28, 2026
Days on market
18 days
Property tax
$0 (2025)
Lot
15.66 × 102 Feet
Heating
Gas Hot Water
Cooling
Yes
MLS®
E13723314

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
August 28, 2026—$249,000For SaleE13723314
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,215
Toronto municipal LTT$2,215
Legal · title · inspection$2,800
Closing costs$7,230
Down payment$49,800
Total cash to close$57,030
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$249,000
MLS® E13723314 · Listed by HOMELIFE/VISION REALTY INC.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of HOMELIFE/VISION REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated August 28, 2026.

$249,000

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Neighbourhood market

The North Riverdale market

How homes are selling here right now — sold data for July 2026.

Seller's marketAll home types in North Riverdale · 31 sales over 3 months
Buyer'sBalancedSeller's

Homes in North Riverdale are selling in about 10 days, typically at 112.9% of asking. Expect competition and little room to negotiate.

Median sold · North Riverdale
$1,670,000
▲ 8.4% year over year
Homes sold · this month
9
17 days on market avg
Sold vs asking
103.8%
over asking — seller's market
Other median · Toronto East
—
12-month trend
See the full Toronto East market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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Comparables

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